Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Friday, May 19, 2017

Sale of devices grew in first quarter despite tax reform

Five months after the entry into force of the tax reform that increased the tax on telecommunications services and devices, the manufacturers did not lower their sales. According to Patricia Velásquez, director of the mobile unit of Samsung Colombia, the brand grew in sales by 25% in the first quarter of 2017. And that, considering that they are the largest player in the country, is very relevant . William Sánchez, LG's Mobile Sales Manager, stated that "during the first quarter of 2017, LG Electronics Colombia had a 250% increase in smartphone sales versus that recorded in the same quarter of 2016". Huawei, for its part, recorded a 10% increase in sales and its profits increased by 50%.

Last news and analysis

Brasil · Operators · Spectrum

17/04/2024

Spectrum auctions generated US$ 28.241,7 billion in revenues

América Latina · Operators

17/04/2024

América Móvil's earnings fell 55% due to peso strength

It reached US$ 790 million in the first quarter of the year. Total revenues and Ebitda were also affected by the extraordinary income from the sale of towers, which boosted the result of a year earlier. Total mobile subscriptions grew 3.6% year-on-year to 311.6 million lines. Fixed UGIs totaled 74.1 million, 1% more than a year earlier.

América Latina · Operators

17/04/2024

América Móvil's earnings fell 55% due to peso strength

It reached US$ 790 million in the first quarter of the year. Total revenues and Ebitda were also affected by the extraordinary income from the sale of towers, which boosted the result of a year earlier. Total mobile subscriptions grew 3.6% year-on-year to 311.6 million lines. Fixed UGIs totaled 74.1 million, 1% more than a year earlier.

América Latina · Pay TV · Free to Air TV - TDT · Internet & OTT · Software and Applications

16/04/2024

NAB Show 2024: strong presence of Latin America highlighted

The broadcasting fair grew compared to its previous editions. Discussions revolve around monetization, the technological upgrade provided by the Cloud and 5G and the use of AI and ML, where sports cases stand out.

Argentina · Regulation · Operators

15/04/2024

What will be the sector's agenda after the repeal of DNU 690?

Representatives from various associations representing ICT companies agreed that the repeal of the decree is positive and that this will mark the beginning of a new stage. However, politicians warn that without regulation, the law of the jungle will prevail in a highly concentrated market.

Search news